Vault-13

PERSHING SQUARE USA LTD PSUS

COM SHS · Closed-End Fund · CUSIP 71531T105

88 institutional holders
36,210,03036.2m shares reported held*
$1.3bnreported value*

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $37.21.

Biggest buyers

TEACHER RETIREMENT SYSTEM OF TEXAS New +10,270,000+10.3m
PERSHING SQUARE INC. New +4,000,000+4.0m
Harel Insurance Investments & Financial Services Ltd. New +3,600,000+3.6m
Consulta Ltd New +3,000,000+3.0m
RIVERNORTH CAPITAL MANAGEMENT, LLC New +2,089,216+2.1m
MENORA MIVTACHIM HOLDINGS LTD. New +2,000,000+2.0m
Migdal Insurance & Financial Holdings Ltd. New +1,500,000+1.5m
Alyeska Investment Group, L.P. New +1,169,674+1.2m
Clal Insurance Enterprises Holdings Ltd New +1,000,000+1.0m
CITADEL ADVISORS LLC New +625,920+625.9k

Biggest sellers

None

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
PERSHING SQUARE INC. 13D · may seek influence new · filed 2026-05-07
Stated purposeOn April 30, 2026, PSUS Holdings acquired 1,000,000 Preferred Shares in a private placement conducted in connection with the initial public offering of the Issuer's Common Shares, representing all of the outstanding Preferred Shares of the Issuer. Pursuant to the terms of the Preferred Shares and in accordance with the requirements of the Investment Company Act of 1940, as amended (the "1940 Act"), PSUS Holdings, as the holder of the Preferred Shares, will be entitled to elect two Trustees to the Issuer's Board of Trustees at all times and in accordance with the requirements of the 1940 Act would become entitled to elect a majority of the Trustees of the Issuer in the event that two full years' dividends on the Preferred Shares are unpaid. In addition, on April 30, 2026, PSUS Holdings ac… Full filing
100.0% new 1.0m 2026-05-07
TEACHER RETIREMENT SYSTEM OF TEXAS 13G · institution new · filed 2026-05-06 10.3% new 10.3m≈ $383.9m 2026-05-06

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
10010Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 8 buyingQ2 26: 0 sellingQ3 26: 1 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——
Q1 20260—0——
Q2 20268$294.1m0——
Q3 20261$243.7k0——
DateInsiderTradeSharesPrice ValueTheir holding
2026-08-18 POLSKY LISA Director Bought 6,177 $39.45 $243.7k6.2k shares new
2026-08-17 TEACHER RETIREMENT SYSTEM OF TEXAS 10% owner Sold 6,205 $40.06 $248.6k6.2k shares -<1%
2026-08-04 TEACHER RETIREMENT SYSTEM OF TEXAS 10% owner Sold 50,000 $38.07 $1.9m50.0k shares -0%
2026-08-03 TEACHER RETIREMENT SYSTEM OF TEXAS 10% owner Sold 70,000 $38.14 $2.7m70.0k shares -1%
2026-06-17 Herring Bruce Director Bought 5,000 $40.25 $201.2k5.0k shares +50%
2026-04-30 ACKMAN WILLIAM A Chief Executive Officer Bought 4,000,000 $49.00 $196.0m4.0m shares new
2026-04-30 ACKMAN WILLIAM A Chief Executive Officer · See footnotes Bought 841,000 $50.00 $42.0m841.0k shares new
2026-04-30 ISRAEL RYAN Chief Investment Officer Bought 500,000 $50.00 $25.0m500.0k shares new
2026-04-30 Hakim Ben President Bought 350,000 $50.00 $17.5m350.0k shares new
2026-04-30 Botta Nicholas Anthony Director Bought 250,000 $50.00 $12.5m250.0k shares new
2026-04-30 Coussin Halit Chief Compliance Officer Bought 200,000 $50.00 $10.0m200.0k shares new
2026-04-30 Gonnella Michael Chief Financial Officer Bought 100,000 $50.00 $5.0m100.0k shares new
2026-04-30 ACKMAN WILLIAM A Chief Executive Officer Bought 56,171 $50.00 $2.8m56.2k shares new
2026-04-30 Herring Bruce Director Bought 10,000 $43.41 $434.1k10.0k shares new
2026-04-30 Falzone Jessica A Secretary Bought 2,000 $50.00 $100.0k2.0k shares new

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TEACHER RETIREMENT SYSTEM OF TEXAS 1.03% of their portfolio AUSTIN, TX 10,270,00010.3m $383.9m $383.9m 1.03% New
2 PERSHING SQUARE INC. 0.77% of their portfolio NEW YORK, NY 4,000,0004.0m $149.5m $149.5m 0.77% New
3 Harel Insurance Investments & Financial Services Ltd. 0.62% of their portfolio Ramat Gan, L3 3,600,0003.6m $128.3m $128.3m 0.62% New
4 Consulta Ltd 4.05% of their portfolio LONDON, X0 3,000,0003.0m $112.1m $112.1m 4.05% New
5 RIVERNORTH CAPITAL MANAGEMENT, LLC 3.71% of their portfolio WEST PALM BEACH, FL 2,089,2162.1m $78.1m $78.1m 3.71% New
6 MENORA MIVTACHIM HOLDINGS LTD. 0.29% of their portfolio Ramat Gan, L3 2,000,0002.0m $74.8m $74.8m 0.29% New
7 Migdal Insurance & Financial Holdings Ltd. 0.36% of their portfolio Petach Tikva, L3 1,500,0001.5m $56.1m $56.1m 0.36% New
8 Alyeska Investment Group, L.P. 0.11% of their portfolio CHICAGO, IL 1,169,6741.2m $43.7m $43.7m 0.11% New
9 Clal Insurance Enterprises Holdings Ltd 0.17% of their portfolio Tel-aviv, L3 1,000,0001.0m $37.4m $37.4m 0.17% New
10 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 625,920625.9k $23.4m $23.4m 0.01% New
11 UBS Group AG 0.00% of their portfolio ZURICH, V8 620,768620.8k $23.2m $23.2m 0.00% New
12 Permanens Capital L.P. 2.31% of their portfolio NEW YORK, NY 601,320601.3k $22.5m $22.5m 2.31% New
13 LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 470,378470.4k $17.6m $17.6m 0.03% New
14 Arena Capital Advisors, LLC- CA 7.87% of their portfolio LOS ANGELES, CA 437,500437.5k $16.4m $16.4m 7.87% New
15 MEITAV INVESTMENT HOUSE LTD 0.10% of their portfolio BENE-BERAQ, L3 410,915410.9k $15.4m $15.4m 0.10% New
16 COOPER INVESTORS PTY LTD 7.01% of their portfolio MELBOURNE, VICTORIA, C3 408,528408.5k $15.3m $15.3m 7.01% New
17 Thomas J. Herzfeld Advisors, Inc. 3.28% of their portfolio MIAMI BEACH, FL 285,421285.4k $10.7m $10.7m 3.28% New
18 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.35% of their portfolio NEW YORK, NY 278,238278.2k $10.4m $10.4m 0.35% New
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 271,231271.2k $10.1m $10.1m 0.00% New
20 NewEdge Advisors, LLC 0.03% of their portfolio NEW ORLEANS, LA 254,260254.3k $9.5m $9.5m 0.03% New
21 Proficio Capital Partners LLC 0.30% of their portfolio NEWTON, MA 222,730222.7k $8.3m $8.3m 0.30% New
22 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 220,563220.6k $8.2m $8.2m 0.00% New
23 HBK INVESTMENTS L P 0.09% of their portfolio DALLAS, TX 200,000200.0k $7.5m $7.5m 0.09% New
24 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.81% of their portfolio BLUE BELL, PA 173,665173.7k $6.5m $6.5m 0.81% New
25 Holowesko Partners Ltd. 1.33% of their portfolio Nassau, C5 140,700140.7k $5.3m $5.3m 1.33% New
26 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 127,821127.8k $4.8m $4.8m 0.00% New
27 KKM Financial LLC 0.61% of their portfolio CHICAGO, IL 119,307119.3k $4.5m $4.5m 0.61% New
28 SALEM INVESTMENT COUNSELORS INC 0.11% of their portfolio WINSTON-SALEM, NC 118,875118.9k $4.4m $4.4m 0.11% New
29 Tidal Investments LLC 0.01% of their portfolio Milwaukee, WI 116,401116.4k $4.4m $4.4m 0.01% New
30 Ovata Capital Management Ltd 0.32% of their portfolio HONG KONG, K3 115,073115.1k $4.3m $4.3m 0.32% New
31 SCOGGIN MANAGEMENT LP 0.88% of their portfolio NEW YORK, NY 100,000100.0k $3.7m $3.7m 0.88% New
32 EQUITEC PROPRIETARY MARKETS, LLC 0.91% of their portfolio CHICAGO, IL 98,48998.5k $3.7m $3.7m 0.91% New
33 Banco BTG Pactual S.A. 0.46% of their portfolio RIO DE JANEIRO, D5 92,62592.6k $3.5m $3.5m 0.46% New
34 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 81,15081.2k $3.0m $3.0m 0.00% New
35 TrueMark Investments, LLC 0.35% of their portfolio CHICAGO, IL 74,01974.0k $2.8m $2.8m 0.35% New
36 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 72,64172.6k $2.7m $2.7m 0.00% New
37 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 68,67468.7k $2.6m $2.6m 0.00% New
38 LM Advisors LLC 0.28% of their portfolio SAN DIEGO, CA 63,95064.0k $2.4m $2.4m 0.28% New
39 CORRADO ADVISORS, LLC 1.05% of their portfolio RAMSEY, NJ 60,78860.8k $2.3m $2.3m 1.05% New
40 SFMG, LLC 0.11% of their portfolio PLANO, TX 49,44549.4k $1.8m $1.8m 0.11% New
41 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 46,25046.2k $1.7m $1.7m 0.00% New
42 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 44,07844.1k $1.6m $1.6m 0.00% New
43 Orvieto Partners, L.P. 1.13% of their portfolio BOSTON, MA 40,00040.0k $1.5m $1.5m 1.13% New
44 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 37,36337.4k $1.4m $1.4m 0.00% New
45 HOHIMER WEALTH MANAGEMENT, LLC 0.13% of their portfolio SEATTLE, WA 35,00035.0k $1.3m $1.3m 0.13% New
46 OAK FAMILY ADVISORS, LLC 0.33% of their portfolio CHICAGO, IL 30,85030.9k $1.2m $1.2m 0.33% New
47 Shaker Financial Services, LLC 0.31% of their portfolio Arlington, VA 26,88026.9k $1.0m $1.0m 0.31% New
48 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 26,80826.8k $1.0m $1.0m 0.01% New
49 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 25,46125.5k $951.7k $951.7k 0.00% New
50 Allspring Global Investments Holdings, LLC 0.00% of their portfolio CHARLOTTE, NC 24,90024.9k $930.8k $930.8k 0.00% New
51 Closed-End Fund Advisors, Inc. 0.76% of their portfolio RICHMOND, VA 20,73520.7k $775.1k $775.1k 0.76% New
52 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 20,60020.6k $770.0k $770.0k 0.00% New
53 INDEPENDENT INVESTORS INC 0.14% of their portfolio NESCONSET, NY 20,00020.0k $747.6k $747.6k 0.14% New
54 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 20,00020.0k $747.6k $747.6k 0.00% New
55 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 18,17018.2k $679.2k $679.2k 0.01% New
56 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 17,22517.2k $643.9k $643.9k 0.00% New
57 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 11,37511.4k $425.0k $425.0k 0.00% New
58 CASCADE INVESTMENT GROUP, INC. 0.24% of their portfolio Colorado Springs, CO 11,29411.3k $422.2k $422.2k 0.24% New
59 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 11,21911.2k $419.4k $419.4k 0.00% New
60 Institute for Wealth Management, LLC. 0.03% of their portfolio DENVER, CO 9,0859.1k $339.6k $339.6k 0.03% New
61 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 8,6248.6k $322.4k $322.4k 0.00% New
62 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 8,2508.2k $308.4k $308.4k 0.00% New
63 DIVERSIFIED TRUST CO 0.00% of their portfolio MEMPHIS, TN 8,0008.0k $299.0k $299.0k 0.00% New
64 FNY Investment Advisers, LLC 0.11% of their portfolio NEW YORK, NY 7,8007.8k $291.0k $291.0k 0.11% New
65 Williams Jones Wealth Management, LLC. 0.00% of their portfolio NEW YORK, NY 7,7507.8k $289.7k $289.7k 0.00% New
66 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 7,6007.6k $284.1k $284.1k 0.00% New
67 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 7,4527.5k $278.6k $278.6k 0.00% New
68 TWO SIGMA SECURITIES, LLC 0.02% of their portfolio NEW YORK, NY 6,6716.7k $249.4k $249.4k 0.02% New
69 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 5,9175.9k $221.2k $221.2k 0.00% New
70 RFG Advisory, LLC 0.00% of their portfolio BIRMINGHAM, AL 5,5005.5k $205.6k $205.6k 0.00% New
71 JB Capital LLC 0.01% of their portfolio WETHERSFIELD, CT 5,5005.5k $205.6k $205.6k 0.01% New
72 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 5,1155.1k $191.2k $191.2k 0.00% New
73 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 4,6594.7k $174.2k $174.2k 0.00% New
74 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 3,8783.9k $145.0k $145.0k 0.00% New
75 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 2,5152.5k $94.0k $94.0k 0.00% New
76 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,8291.8k $68.1k $68.1k 0.00% New
77 ELKHORN PARTNERS LIMITED PARTNERSHIP 0.03% of their portfolio OMAHA, NE 1,0001.0k $37.4k $37.4k 0.03% New
78 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 800800 $29.9k $29.9k 0.00% New
79 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 672672 $25.1k $25.1k 0.00% New
80 SouthState Bank Corp 0.00% of their portfolio Winter Haven, FL 500500 $18.7k $18.7k 0.00% New
81 PIN OAK INVESTMENT ADVISORS INC 0.01% of their portfolio HOUSTON, TX 500500 $19.0k $19.0k 0.01% New
82 PFS Partners, LLC 0.01% of their portfolio MINE HILL, NJ 500500 $18.7k $18.7k 0.01% New
83 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 400400 $15.6k $15.6k 0.00% New
84 SJS Investment Consulting Inc. 0.00% of their portfolio SYLVANIA, OH 385385 $14.4k $14.4k 0.00% New
85 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 300300 $11.2k $11.2k 0.00% New
86 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 185185 $6.9k $6.9k 0.00% New
87 Bogart Wealth, LLC 0.00% of their portfolio MCLEAN, VA 100100 $3.7k $3.7k 0.00% New
88 MCDONALD PARTNERS LLC 0.00% of their portfolio CLEVELAND, OH 5050 $1.9k $1.9k 0.00% New